By 2032, the automatic dishwasher market is projected to soar to a valuation of approximately US$ 10,670.2 million. From 2022 to 2032, sales of automatic dishwashers are anticipated to grow steadily at a Compound Annual Growth Rate (CAGR) of around 7.6%. Within the consumer appliance market, automatic dishwashers hold a share ranging from approximately 2% to 5%.
The primary growth prospects for the market for automatic dishwashers are the increasing acceptance of these appliances in homes, restaurants, hotel chains, and cafeterias as a result of customer preferences shifting in favour of automatic installation of kitchenware solutions.
The demand for automatic dishwashers is further propelled by shifting lifestyles attributed to rapid urbanization and rising purchasing power, notably in developing nations like China, Taiwan, India, and Brazil. With a growing working population, individuals are turning to time-saving smart kitchen appliances to accommodate their demanding work schedules.
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In recent years, manufacturers have invested much in product development to create more durable methods of securing consumers. The majority of modern appliances include sensors that the user can turn on with a remote-device system to carry out specific functions. As a result, a vast selection of high-tech models is being developed.
Customers are seeking ways to simplify their lives, which has increased demand for smart dishwashers. The average person’s disposable income has increased, which has increased interest in automatic dishwashers. Over the past ten years, consistent advancements have boosted customers’ time and attention spent on kitchen appliance activities, and the growth is expected to continue over the forecast period.
The surge in home remodeling and renovation is one of the major drivers propelling the automatic dishwasher industry. As urbanization advances, homeowners’ interests and preferences are changing. The popularity of modular kitchens has increased the demand for consumer-oriented smart kitchen appliances including automatic dishwashers, kitchenware, and utensils.
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Key Takeaways from the Automatic Dishwasher Market Study:
- Automatic dishwasher sales are expected to accelerate at 6% CAGR throughout the projected period.
- By product type, freestanding automatic dishwasher segment is anticipated to account for a massive revenue share of ~5% of the market during the forecast period.
- Based on application, the commercial segment is likely to hold a sizable around ~69.7% value share of the market in 2022.
- In 2032, China is expected to hold around 7% share in East Asia’s automatic dishwasher market.
- The U.S. automatic dishwasher market is anticipated to exhibit a growth rate of over ~6.3% CAGR during the forecast period.
- China’s automatic dishwasher market is poised to grow at a CAGR of ~11.7 between 2022 and 2032.
“Customer preference shifting will be one of the primary factors driving the development of automatic dishwasher industry. A few elements that are thought to be crucial in understanding how various automatic dishwashers may thrive globally include a similar rise in the range of smart home appliances, higher per capita salary levels, and growing influence of western society”, says an FMI Analyst.
Who is winning?
- Samsung
- Whirlpool
- Robert Bosch
- LG
- Haier
- Electrolux AB
- Sears Holding Corporation
- Asko
- Miele
- Others
are among the major competitors in the automatic dishwasher products market. These automatic dishwasher manufacturers use effective marketing, promotional strategies, and new product launches to increase their sales globally.
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Future Market Insights, in its new offering, provides an unbiased analysis of the global automatic dishwasher market, presenting historical demand data (2017-2021) and forecast statistics for the period from 2022 to 2032. The study divulges compelling insights on the automatic dishwasher market based on the automatic dishwasher market product type (freestanding, built-in), capacity (4 place setting, 6 place setting, 8 place setting, 12 place setting, other), application (residential, commercial), and sales channel (wholesalers/distributors, hypermarkets/supermarkets, multi-brand stores, specialty stores, convenience stores, online retailers, other) across seven major regions.
Author
Sneha Varghese (Senior Consultant, Consumer Products & Goods) has 6+ years of experience in the market research and consulting industry. She has worked on 200+ research assignments pertaining to Consumer Retail Goods.
Her work is primarily focused on facilitating strategic decisions, planning and managing cross-functional business operations, technology projects, and driving successful implementations. She has helped create insightful, relevant analysis of Food & Beverage market reports and studies that include consumer market, retail, and manufacturer research perspective. She has also been involved in several bulletins in food magazines and journals.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of ~400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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